AvalonBay Archives * RealtyBizNews: Real Estate Marketing & Beyond

AvalonBay and UDR Swap $500 Million in Assets

April 6, 2011 by Tavis J. Hampton

Ever so often, it is a good idea to trade with your friends. In the end, you both get new toys and it does not cost you any money. AvalonBay and UDR decided to swap assets from their apartment community portfolios this week, leaving each with a new set of toys. The $500 million transaction